we could see another rebound in 2nd half of this year due to easing inflation rate. july is uncertain.
I feel like we have a few more days/weeks of this tight consolidation before another move, 50/50 on the fence here during various times of uncertainty in the markets alot of people claim to rush to gold, how ever often gold markets go with the initial move of equity markets and then can some times recover strong when the dust settles. The current range I think...
looking for strong bounce if price holds above 540$ & equity markets continue to go up.
if equity markets able to bounce again , clf shares can target for mid 20s. stop below 12.00$.
as long as this "buy the dip" hype continues , this market still can run up for another 15 to 20%. wait for breakdown & confirmation for bearish confidence. good luck.
this is not what i'm expecting but , if global economy is really going into a severe depression phase , then stock market can run for more unrealistic valuations before it happens.
It is the last week of the year and I took some time to look at the S&P500 monthly chart. Three things sounded alarms bells when I saw the chart! They are: 1. Weekly chart indicators have bearish divergences observed as the S&P500 (see linked idea) as well as divergences in the monthly chart indicators over the last two years; 2. Monthly chart has a...
FDA phase 3 failure led to a massive dump. As we know, every reaction in the market is an over-reaction, so get in while it is cheap, or wait and see. Maybe selling puts here could be the correct action. Best of luck.
PRG reported profit for this QR, and from technical wise, i say it definitely a buy signal. From what i see, if you want to entry. You can que 0.205 for the best price. I think you can get the price tomorrow (10/7/2020). From the setup itself shown that you can hold atleast the price is touching EMA200. So your first Target price is 0.355. However trader at you...
This stock is worth to monitor. Why? Let know a bit about the background of this stock, the sound of the named like a drug dealer pablo escobar. However this stock mainly business is travel & tourism . Everyone in Malaysia should realised today, that our MOH did a great job in handling Covid-19 case. At this moment, Covid-19 is now maintained single digit for...
Honestly, i love how the market currently rather than the last time when healthcare is so volatile like a kangaroo market. It almost 2 weeks since we see healthcare bundle volume in our market trade monitor. For LYC, i don't think it is over yet. For my perspective, it will only over once it break EMA200. However currently, LYC is supported by EMA200 and i say it...
PA or P.A RESOURCE a manufacturer company that produce aluminium billets. it is category in metal sub sector. This stock is a super penny stock but there is something brewing for sure. In term of fundamental, this is not really a strong company to invest, however from technical analysis it is something we all should looking at, and take opportunity from the short...
There is a quote say, "Buy when others people are fear, and sell when others are greed. This is the right quote to describe the current status of Airasia. Since the lockdown period airlines and tourism industry are the most effected. As expected, Airasia 2nd QR result will indicate loss because they are not allow to fly anywhere, when they mainly business is...